Record wool stockpile at Yennora Wool Centre

Photograph Information

Date13/01/1990DescriptionImages show Yennora Wool Centre Manager Sam Yeates (pointing) and Floor Manager Arthur Douglas inspecting their record level stockpile. With nearly 2 million bales of wool in stock at $1000 per bale, the market value of this stockpile is worth close to 2 billion dollars!

The record high price for wool from previous year was largely driven by Wool Speculators and has now contributed to a downturn in wool price. This lead to the Australian Wool Corporation setting up a market support fund and buying up more than 50 % of the wool on offer.PhotographerBruce MillerNotesROGERS-www.johnrogersarchice.com

Story by Paul Cleary
SMH - 900112

Details

Image ColourBlack & WhiteTypePrintPrint Size 298 mm x 203 mm ; 293 mm x 194 mmDigital FormatJPG : 5.22 MB ; 5.70 MBOriginal Print AvailableYesAccessAppointment required to view original photographCopyrightRestrictedCopyright Owner(s)Fairfax MediaAcknowledgementFairfield City Council acquired copies in December 2020 from Duncan Miller (Californian photography dealer). The original copyright is held by Fairfax Media

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Fairfax Photographic CollectionFairfax Photographic CollectionCollectionHistorical PhotographsHistorical PhotographsSuburbYennora

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LocationYennoraYear1990

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Record wool stockpile at Yennora Wool Centre